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New Frontiers of Profit and Risk: The Fourth Industrial Revolution’s Impact on Business and Human Rights

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  • Changrok Soh
  • Daniel Connolly

Abstract

The Fourth Industrial Revolution, characterised by the fusion of physical, digital, and biological technologies, will have profound social and economic consequences. But what impact will it have on human rights? This article critically interrogates key writings and speeches about the Fourth Industrial Revolution, which requires reading between the lines of technical, business, and policy-orientated materials that rarely address human rights explicitly. The findings are a mix of good and bad news. First, the traditional linkage between economic competition and violations of bodily integrity is weakening as new forms of profitability in tomorrow’s digital ecosystems require empowered and creative individuals. However, these celebratory visions of the profitable interpenetration of our bodies, hardware and virtual worlds has a dark side. The next-generation of human rights violations arising from transnational business activities will be increasingly subtle, diffuse, and sophisticated.

Suggested Citation

  • Changrok Soh & Daniel Connolly, 2021. "New Frontiers of Profit and Risk: The Fourth Industrial Revolution’s Impact on Business and Human Rights," New Political Economy, Taylor & Francis Journals, vol. 26(1), pages 168-185, January.
    • Handle: RePEc:taf:cnpexx:v:26:y:2021:i:1:p:168-185
    DOI: 10.1080/13563467.2020.1723514
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    Cited by:

    1. Youngcheoul Kang & Nakbum Choi & Seoyong Kim, 2021. "Searching for New Model of Digital Informatics for Human–Computer Interaction: Testing the Institution-Based Technology Acceptance Model (ITAM)," IJERPH, MDPI, vol. 18(11), pages 1-36, May.
    2. Vitor Hugo dos Santos Filho & Luis Maurício Martins de Resende & Joseane Pontes, 2024. "Development of a Theoretical Model for Digital Risks Arising from the Implementation of Industry 4.0 (TMR-I4.0)," Future Internet, MDPI, vol. 16(6), pages 1-32, June.
    3. Bag, Surajit & Rahman, Muhammad Sabbir & Srivastava, Gautam & Shore, Adam & Ram, Pratibha, 2023. "Examining the role of virtue ethics and big data in enhancing viable, sustainable, and digital supply chain performance," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).

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